Our comprehensive assessment of Macedonia's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Macedonia, as well as the latest industry developments that could impact Macedonia's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Macedonia before your competitors.
Macedonia Country Risk
A weakened policy-making process in Macedonia will increasingly invite criticism from EU observers, while declining economic activity in Europe will make the benefits of stricter adherence to accession criteria less appealing. This raises uncertainty over the policy direction in Macedonia in the medium term and could derail the long-standing convergence process.
Economic growth in Macedonia will continue to rise in the near future as domestic demand continues to strengthen. Nevertheless, beyond 2015, real GDP growth will gradually decelerate as the impact of weaker external demand on exports and fixed investment catches up with an otherwise robust economic recovery.
As regional economic weakness is beginning to take its toll on an otherwise resilient German economy, so the outlook for Macedonia's trade account will continue to...
Macedonia Industry Coverage (1)
BMI View : The Macedonian market is relatively mature, although it continues to suffer from some structural and macroeconomic weaknesses that continue to hamper its prospects. The fixed-line market is slowly contracting as mobile and IP substitution take hold. Although cable TV operators threaten the incumbent, individually they lack strength owing to a localised focus. With regards to mobile, high prices and consumers' preference for low-cost prepaid services have long weighed on 3G adoption, although this is beginning to change and bodes well for the three mobile operators' purchase of 4G LTE licences in July 2013. The mobile VAS and content market is under-developed, giving consumers little incentive to...